Amplifon (OTCMKTS:AMFPF) Shares Gap Down – Time to Sell?

Amplifon S.p.A. (OTCMKTS:AMFPF)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $12.01, but opened at $11.21. Amplifon shares last traded at $11.21, with a volume of 100 shares changing hands.

Analyst Upgrades and Downgrades

Several analysts have commented on AMFPF shares. Zacks Research upgraded Amplifon to a “hold” rating in a report on Tuesday, April 28th. Jefferies Financial Group cut shares of Amplifon from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 18th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Amplifon presently has an average rating of “Moderate Buy”.

Amplifon Trading Down 6.7%

The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.42 and a current ratio of 0.48. The firm has a market capitalization of $2.47 billion, a price-to-earnings ratio of 31.14 and a beta of 0.68. The business has a fifty day moving average price of $11.48 and a 200 day moving average price of $13.47.

Amplifon (OTCMKTS:AMFPF) last issued its earnings results on Monday, June 1st. The company reported $999.00 earnings per share for the quarter. Amplifon had a return on equity of 16.04% and a net margin of 2.87%. As a group, equities analysts forecast that Amplifon S.p.A. will post 3.8 earnings per share for the current year.

Amplifon Company Profile

Amplifon is a global leader in hearing care, specializing in the retail and distribution of hearing aids, accessories and related services. The company offers a full suite of solutions including diagnostic hearing assessments, personalized hearing aid fittings, follow-up care, tinnitus management and hearing protection. Through its network of branded stores and partner outlets, Amplifon serves individuals across the full spectrum of hearing needs, from prevention and early detection to long-term aftercare.

Founded in Milan in 1950 by Algernon Charles Holland, Amplifon has grown from a single audiology centre into a multinational organization.